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Suppose the domestic supply and demand curves for skateboards in the United States are given by the following set of equations: QS = -60 +
Suppose the domestic supply and demand curves for skateboards in the United States are given by the following set of equations: QS = -60 + 3P QD = 390 2P In the absence of trade with the rest of the world, the amount of consumer surplus in the United States skateboard market is _____ and the amount of producer surplus in the United States skateboard market is______. Show step Thanks | |||||||||||
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